Tds u/s194j fees for professional service

This query is : Resolved

prakash malshet (Querist)
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23 June 2013 Dear Sir,
I am an accountant in a company.
In spite of paying me salary company pays me contract amount and The Company has deducted TDS U/s.194J. My total Turnover/receipts from the company is only Rs.194898/-.
As per Sec 44AA I am liable to maintain accounts.
But I have not maintained any accounts except Bank Pass Book.
While filing ITR-4 in part BS & Part PL Can I file in NO ACCOUNT CASE column of BS & PL

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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23 June 2013 You are an accountant and still prefers to file the return in no account case ???
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Accounts as per Bank Pass Book can easily be prepared.
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No Account case is more relevant to the assessee carrying on Business Activity.
Whereas Section 194J calls you as a professional. So, be a professional and after preparing a Balance Sheet and I& E A/c- file the return in ITR 4.
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No Account Case is not for Accountants.
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